MagicKit.ai

Budget Planner

Plan your budget using the 50/30/20 rule. Allocate income to needs, wants, and savings automatically.

How to Create a Budget with the 50/30/20 Rule

  1. 1 Enter your monthly after-tax income
  2. 2 View the recommended budget allocation
  3. 3 Add your actual expenses with amounts and categories
  4. 4 Compare your spending to the recommended percentages
  5. 5 Adjust expenses to stay within budget

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🔒 Instant results, faster than AI. No signup. 100% private.

Last updated: January 15, 2026 · v2.1